I.C.C.International PCL (BKK:ICC) Cyclically Adjusted PS Ratio: 1.03 (As of Aug. 01, 2026) — 21% Above Median

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BKK:ICC I.C.C.International PCL BKK:ICC
67 GF Score
Price ฿24.20
GF Value ฿22.97
Valuation Fairly Valued
! 7 Warning Signs
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What is I.C.C.International PCL Cyclically Adjusted PS Ratio?

I.C.C.International PCL BKK:ICC +0.83% 67 Cyclically Adjusted PS Ratio is 1.03 as of Aug. 01, 2026, which is 21% above its 10-year median of 0.85. GuruFocus rates BKK:ICC with a GF Score™ of 67/100 and a GF Value™ of ฿22.97 (Fairly Valued). The stock has 7 warning signs investors should review. Among 793 Retail - Cyclical companies, I.C.C.International PCL ranks worse than 70.11% on this metric.

As of today (2026-08-01), I.C.C.International PCL's current share price is ฿24.20. I.C.C.International PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿23.51. I.C.C.International PCL's Cyclically Adjusted PS Ratio for today is 1.03.

The historical rank and industry rank for I.C.C.International PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:ICC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.85   Max: 1.21
Current: 1.06

During the past years, I.C.C.International PCL's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.60. And the median was 0.85.

BKK:ICC's Cyclically Adjusted PS Ratio is ranked worse than
70.11% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs BKK:ICC: 1.06

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

I.C.C.International PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿3.884. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ฿23.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


I.C.C.International PCL  (BKK:ICC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


I.C.C.International PCL Cyclically Adjusted PS Ratio Related Terms


I.C.C.International PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for I.C.C.International PCL's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

I.C.C.International PCL Cyclically Adjusted PS Ratio Chart

I.C.C.International PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.74 0.96 0.95 1.04

I.C.C.International PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 1.03 1.05 1.04 1.04

BKK:ICC vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, I.C.C.International PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


I.C.C.International PCL Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where I.C.C.International PCL's Cyclically Adjusted PS Ratio falls into.


BKK:ICC
67GF Score
I.C.C.International PCL BKK:ICC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I.C.C.International PCL Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

I.C.C.International PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.20/23.51
=1.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

I.C.C.International PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, I.C.C.International PCL's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.884/330.2130*330.2130
=3.884

Current CPI (Mar. 2026) = 330.2130.

I.C.C.International PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.062 241.018 8.305
201609 6.255 241.428 8.555
201612 6.912 241.432 9.454
201703 5.994 243.801 8.118
201706 6.131 244.955 8.265
201709 6.162 246.819 8.244
201712 6.607 246.524 8.850
201803 6.113 249.554 8.089
201806 5.973 251.989 7.827
201809 6.214 252.439 8.128
201812 6.377 251.233 8.382
201903 5.934 254.202 7.708
201906 5.488 256.143 7.075
201909 5.308 256.759 6.827
201912 5.772 256.974 7.417
202003 4.331 258.115 5.541
202006 2.756 257.797 3.530
202009 4.216 260.280 5.349
202012 4.375 260.474 5.546
202103 4.046 264.877 5.044
202106 2.974 271.696 3.615
202109 2.547 274.310 3.066
202112 4.126 278.802 4.887
202203 3.979 287.504 4.570
202206 4.211 296.311 4.693
202209 4.187 296.808 4.658
202212 4.662 296.797 5.187
202303 5.505 301.836 6.023
202306 4.226 305.109 4.574
202309 3.439 307.789 3.690
202312 4.593 306.746 4.944
202403 4.354 312.332 4.603
202406 3.995 314.175 4.199
202409 4.081 315.301 4.274
202412 4.987 315.605 5.218
202503 4.239 319.799 4.377
202506 3.907 322.561 4.000
202509 3.706 324.800 3.768
202512 4.494 324.054 4.579
202603 3.884 330.213 3.884

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 1.03 mean?
I.C.C.International PCL (BKK:ICC) has a Cyclically Adjusted PS Ratio of 1.03 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on I.C.C.International PCL and its competitors. This is 21% above median its historical median of 0.85. Over the past decade, I.C.C.International PCL's Cyclically Adjusted PS Ratio has ranged from 0.60 to 1.21. According to the industry distribution chart, I.C.C.International PCL ranks #556 out of 793 companies in the Retail - Cyclical industry, placing it in the top 70.1%.
Is I.C.C.International PCL's Cyclically Adjusted PS Ratio too high?
I.C.C.International PCL's current Cyclically Adjusted PS Ratio of 1.03 is 21% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.21. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. I.C.C.International PCL's value of 1.03 is 110.2% above this industry median. Based on the distribution chart, I.C.C.International PCL ranks #556 out of 793 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, I.C.C.International PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I.C.C.International PCL's Cyclically Adjusted PS Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, I.C.C.International PCL ranks #556 out of 793 companies for Cyclically Adjusted PS Ratio. This places I.C.C.International PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. I.C.C.International PCL's value of 1.03 is 110.2% above this benchmark. Historically, I.C.C.International PCL's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 1.21 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.49, I.C.C.International PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. I.C.C.International PCL's current Cyclically Adjusted PS Ratio of 1.03 is 110.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on I.C.C.International PCL and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I.C.C.International PCL's current Cyclically Adjusted PS Ratio is 1.03, which is 21% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I.C.C.International PCL stock overvalued right now?
Based on GuruFocus' analysis, I.C.C.International PCL (BKK:ICC) is currently considered Fairly Valued. The stock's GF Value™ is ฿22.97, compared to a current price of ฿24.20 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is 21% above median its 10-year median of 0.85 and 110.2% above the Retail - Cyclical industry median of 0.49. I.C.C.International PCL's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For I.C.C.International PCL (BKK:ICC), the current Cyclically Adjusted PS Ratio is 1.03 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is I.C.C.International PCL (BKK:ICC) Overvalued in 2026?

Based on GuruFocus' analysis, I.C.C.International PCL stock appears to be overvalued. The current stock price of ฿24.20 is trading 5.4% above its estimated GF Value™ of ฿22.97. GuruFocus considers I.C.C.International PCL to be Fairly Valued.

Key valuation signals for BKK:ICC:

  • Cyclically Adjusted PS Ratio: 1.03 (21% above median its 10-year median of 0.85)
  • GF Value™: ฿22.97 vs. price of ฿24.20 (5.4% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 110.2% above the Retail - Cyclical median (#556 of 793)

No single metric tells the full story. See the BKK:ICC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I.C.C.International PCL Business Description

Address 530 Soi Sathupradit 58, Bang Phong Phang Subdistrict, Yannawa District, Bangkok, THA, 10120
I.C.C.International PCL is engaged in distributing consumer products. It sells domestic and international fashion products, including cosmetics and fragrances, hair and skin hygiene products, a full range of textiles and apparel such as lingerie, outerwear, sportswear, and athletic wear, laundry and garment care products, and leather fashion items, etc. The company's principal segments are: Cosmetics, toiletries & perfumeries, Women's apparel, Men's apparel and Household products. The majority of the company's revenue is derived from the Men's apparel segment. Geographically, it operates only in Thailand.
67GF Score

Get the complete analysis for BKK:ICC

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿24.20
Price
฿22.97
GF Value